Ola Electric Suffers Big Jolt, Quarterly Loss Increases to Rs 870 Crore

The difficulties have increased for Ola Electric included in large electric two-wheeler companies. The loss of the company has increased to about Rs 870 crore in the first quarter of this year. A huge discount on the company’s electric scooters is a major reason behind this. Since bringing an Initial Public Offer (IPO) in August…